Elon Musk Shows Support for Spotify’s Audiobook Growth: A Sign of Things to Come?

Elon Musk, CEO of Tesla and SpaceX, has expressed his appreciation for Spotify’s progress in the audiobook industry, praising the platform’s growth and expanding catalog. Spotify’s audiobook feature, launched a year ago for premium users, has seen significant success with a doubling of its catalog and hundreds of millions of dollars paid out to publishers. This comes as Spotify reports strong revenue growth and a growing user base, indicating a promising future for the platform.

Music Licensing, Inc. Secures Full Rights to Rihanna’s ‘Goodnight Gotham,’ Expanding Its Music Rights Portfolio

Music Licensing, Inc. (SONG) has acquired the sound recording rights to Rihanna’s hit track ‘Goodnight Gotham,’ adding to its existing publishing rights and establishing complete control over the song. This strategic move positions the company as a key player in the growing music rights market, unlocking diverse revenue streams and promising sustainable growth for shareholders.

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